TRANS RESEARCH
0879.543.342 · rovalta.com · 08/11/2026
ACTIVE
TRANS RESEARCH
Financial year 2025 · Closed on 31/12/2025
Net result1,5 M €+390,7 %over 1 year
Gross margin2,6 M €+1 264,1 %over 1 year
Equity1,4 M €+1 426,0 %over 1 year
Workforce3,5 ETP+133,3 %over 1 year
Overview
Identity
Source · BCE/KBOTRANS RESEARCH is a Private limited company incorporated in 2006. Its main activity is: Support activities for transportation. Its registered office is in Leuven. It employs on average 3,5 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0879.543.342
- Incorporation
- 30/01/2006
- Legal form
- Private limited company
- Registered office
- Geldenaaksebaan 489
3001 Leuven · FlandreSee on map - Contributed capital
- 200 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 3,5 ETP
Activities (NACE)
Joint committees (1)
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 19 filingsTrend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 2,6 M € | +1264% | -223,6 k € | -212% | 200,4 k € | -32.2% | 295,7 k € | -3.6% | 306,6 k € |
| EBITDA | 2,2 M € | +789% | -326,2 k € | -326% | 144 k € | +0.3% | 143,6 k € | -16.3% | 171,5 k € |
| Operating result | 2,1 M € | +544% | -478,5 k € | -2723% | 18,2 k € | -7.6% | 19,7 k € | -48.8% | 38,5 k € |
| Net result | 1,5 M € | +391% | -506,1 k € | -29520% | -1,7 k € | -85.0% | -923,5 € | -107% | 14 k € |
| Balance sheet | |||||||||
| Equity | 1,4 M € | +1426% | -103,2 k € | -126% | 402,9 k € | -0.4% | 404,6 k € | -0.2% | 405,5 k € |
| Total assets | 2,9 M € | +57.1% | 1,8 M € | -4.1% | 1,9 M € | -0.4% | 1,9 M € | -3.6% | 2 M € |
| Cash | 5,7 k € | +4.7% | 5,5 k € | -95.6% | 123,4 k € | +131% | 53,3 k € | +186% | 18,6 k € |
| Debts | 894,7 k € | -54.0% | 1,9 M € | +28.1% | 1,5 M € | -0.4% | 1,5 M € | -4.4% | 1,6 M € |
| Other | |||||||||
| Workforce | 3,5 ETP | +133% | 1,5 ETP | 0.0% | 1,5 ETP | -48.3% | 2,9 ETP | -3.3% | 3,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 01/01/2011Manager01/01/2011 → 2015 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Benny Smets | Director22/03/2018 → 2019 accountsManager22/02/2006 → 2018 accounts | ||
Nina Smets | Manager22/02/2006 → 2009 accounts |
Other companies at this address
Geldenaaksebaan 489 3001 Leuven| Company | CBE no. |
|---|---|
BEKAS GROUP● Active | 0832.943.948 |
CARSONS MOTORS● Active | 0445.750.731 |
NINATRANS● Active | 0419.272.206 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 08/09/2026 | 20/08/2025 | 08/08/2024 | 21/06/2023 | 26/07/2022 | 16/07/2021 |
| General meeting | 31/08/2026 | 25/07/2025 | 26/07/2024 | 31/05/2023 | 30/06/2022 | 30/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 31/08/2026 | 08/09/2026 | Dutch | |
| Abridged model | 31/12/2024 | 25/07/2025 | 20/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 26/07/2024 | 08/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 31/05/2023 | 21/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 26/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/06/2021 | 16/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 29/05/2020 | 09/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 31/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 15/06/2018 | 10/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 01/08/2017 | Dutch | |
| Full model | 31/12/2015 | 14/06/2016 | 04/08/2016 | Dutch | |
| Full model | 31/12/2014 | 30/06/2015 | 27/07/2015 | Dutch | |
| Full model | 31/12/2013 | 15/04/2014 | 14/05/2014 | Dutch | |
| Full model | 31/12/2012 | 16/04/2013 | 15/05/2013 | Dutch | |
| Full model | 31/12/2011 | 30/06/2012 | 23/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 28/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 20/04/2010 | 17/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 21/04/2009 | 19/05/2009 | Dutch | |
| Abridged model | 31/12/2007 | 15/04/2008 | 15/05/2008 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 01/01/2011Manager01/01/2011 → 2015 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Benny Smets | Director22/03/2018 → 2019 accountsManager22/02/2006 → 2018 accounts | ||
Nina Smets | Manager22/02/2006 → 2009 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates05/03/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates06/07/2020ONTSLAGEN - BENOEMINGEN
- Mandates06/06/2018ONTSLAGEN - BENOEMINGEN
- Registered office29/09/2014MAATSCHAPPELIJKE ZETEL
- Mandates22/06/2011ONTSLAGEN - BENOEMINGEN
- Other06/03/2006RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings17 filings
Mandates
BEKAS GROUP
Benny Smets
Nina Smets
200620072008200920102011201220132014201520162017201820192020202120222023202420252026
TRANS RESEARCH
Geldenaaksebaan 489, 3001 Heverlee
DirectorManager
DirectorManager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Geldenaaksebaan 489, 3001 HeverleeCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00511332 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| TRANS RESEARCHCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00511332 |
Events
- 2025Annual accounts 20251,5 M €↑
- 2024Annual accounts 2024-506,1 k €↓
- 2023Annual accounts 2023-1,7 k €↓
- 2022Annual accounts 2022-923,5 €↓
- 2021Annual accounts 202114 k €↑
- 2018Annual accounts 20181,2 k €↓
- 2017Annual accounts 201741 k €↑
- 2016Annual accounts 20161,1 k €↓
- 2015Annual accounts 201537,2 k €↓
- 2014Annual accounts 201468,1 k €↑
- 2013Annual accounts 201344,6 k €↑
- 2012Annual accounts 201213,2 k €↑
- 2011Annual accounts 2011-2,6 k €↓
- 2010Annual accounts 201020,2 k €↑
- 2009Annual accounts 20096,7 k €↓
- 2008Annual accounts 200819,2 k €↓
- 2007Annual accounts 200728,3 k €
- 30/01/2006IncorporationPrivate limited company